Jul 5 2010

Hamilton Estates, Nevis, Condo for Sale

This is a turnkey 2 bedroom/2 bath view condo for sale on Nevis, in a new development situated above historic plantation ruins. The veranda views capture breathtaking turquoise Caribbean waters, and the lush magnificence of Mt. Nevis can be seen from the master suite. Interior is 1113 SF. Asking price $432,000.

Visit our Coldwell Banker Listing page for more photos.


Jul 2 2010

Coldwell Banker Changes Web Site to Maximize Buyer Experience

Coldwell Banker Real Estate LLC officially launched the new version of its website, www.coldwellbanker.com, which has been in beta form since December 2009. Wholly re-thought and re-designed, the site features optimizations that completely alter and enhance the experience of searching for a home online, the company stated.

The site includes a variety of new features, such as:
-BlueScape Search - Taking cues from popular music recommendation websites, Coldwell Banker developed BlueScape, a visually-driven real estate search platform to help “dreamers” find just that^the home of their dreams. Instead of limiting search options to zip code or the number of bedrooms, users begin the search by rating abstract images with a “thumbs up” or “thumbs down” from landscape scenery to images of snow mobiles and taxi cabs. At any time, users can submit a query and the BlueScape technology will identify homes that are a good fit using all properties available through ColdwellBanker.com nationwide.

-Keyword Search - For those who prefer a more traditional approach to searching for a home, Coldwell Banker has added keyword capabilities to its general real estate search function so that consumers can more easily narrow down the properties they are interested in viewing.

-Similar Properties ^ Coldwell Banker also added a “You May Also Like” feature that offers additional homes of interest, based on a range of characteristics from properties consumers select as “preferred.”

-Expansive Use of Video - Taking advantage of the popularity of Coldwell Banker On Location, the brand’s YouTube channel which has had more than 13,000 videos posted by agents and 1.3 million video views in a bit more than one year, the new site integrates video into real estate search.

Additional capabilities of the ColdwellBanker.com site include:
Technology that immediately identifies the current location of visitors via their IP address, offering up homes for sale in that area; Join Us: a recruiting resource enabling brokers to promote job opportunities and create local career pages; Learn: helpful real estate news and tips for consumers, such as real-time industry articles from the Associated Press and Home File: Place for consumers to store, share and organize a limitless amount of property searches, sales associate and real estate office information and industry articles.

Coldwell Banker also included integrated video and social networking capabilities to the new site. Visitors will have access to an array of videos powered by Coldwell Banker On Location, the company’s branded YouTube channel, offering behind-the-scenes looks at towns and neighborhoods, tips and timely news on real estate topics and video listings of homes for sale.

(resource: RISMedia.com)


Jun 27 2010

Golf Villa for Sale on St Kitts

LOCATION! The St. Kitts Babe - a classy “Caribbean Southern Lady” offers boundless joie de vivre “pure joy”, southern charm, gracious hospitality and romantic comfortable Kittitian living in a prime, unique Frigate Bay golf course location. The Babe has two separate complete levels, both featuring 1 bedroom, 1 bath, kitchen, living and dining room area. The villa also has a private plunge pool along with many first class amenities. This 2226 sq. ft. living space is situated on .1678 acre (7,311.16 sq ft) with a beautiful enclosed tropical garden and magnificent unobstructed ocean views. Furnishings, accessories, china, Crystal, linens and artwork are negotiable. Why settle for less, when you can have the best! The Babe, true to her namesake, is definitely “one of a kind” and awaits the most unique, discerning, savvy investor who desires and appreciates the best! Asking $675,000.

Visit our Coldwell Banker Listing page for more information.


Jun 27 2010

Land for Sale, Nevis, Shaws Road

Up a long stretch of road leading to a small charming hotel called “Mount Nevis,” this 3 acre parcel is located on the northern side of the island in a quiet and secluded area. Facing the sea, with a partial view of St Kitts, a very gentle slope will provide ideal building ground to make the most of the beautiful scenery. Shaw’s Road is close to the nicest beaches on island and also to the small Newcastle Airport. Asking $285,000.

Visit our Coldwell Banker Listing page for more photos.


Jun 24 2010

Homeowner’s Insurance for St Kitts and Nevis Real Estate

5 Things to Know About Homeowner’s Insurance

1. Know about exclusions to coverage. For example, most insurance policies do not cover flood, earthquake, or wind damage as standard items. These types of coverage must be bought separately.

2. Know about dollar limitations on claims. Even if you are covered for a risk, there may be a limit on how much the insurer will pay. For example, many policies limit the amount paid for stolen jewelry unless items are insured separately.

3. Know the replacement cost. If your home is destroyed you’ll receive money to replace it only to the maximum of your coverage, so be sure your insurance is sufficient. This means that if your home is insured for $150,000 and it costs $180,000 to replace it, you’ll only receive $150,000.

4. Know the actual cash value. If you chose not to replace your home when it’s destroyed, you’ll receive replacement cost, less depreciation. This is called actual cash value.

5. Know the liability. Generally your homeowner’s insurance covers you for accidents that happen to other people on your property, including medical care, court costs, and awards by the court. However, there is usually an upper limit to the amount of coverage provided. Be sure that it’s sufficient if you have significant assets.

Check with our Coldwell Banker office for answers to your specific questions on buying real estate.


Jun 22 2010

St Kitts-Nevis Signs Historic Treaty to Create OECS

Regional heads officially signed a treaty last Friday to establish an economic union for the Organization for the Eastern Caribbean States (OECS). 6 countries were represented - Antigua, Barbuda, Dominica, Grenada, St Kitts-Nevis, St Lucia, St Vincent, and Grenadines. Montserrat will sign later, having just received the go-ahead from the United Kingdom.

As explained in SKNVibes.com, “The revised treaty represents a dawn in economic opportunities, as it will transform the sub-region into a single financial and economic space without barriers to trade between national markets. Joint action in the areas of agriculture, tourism, civil aviation and telecommunication are expected to be a main focus of the treaty.

“The OECS Economic Union builds upon the success of existing regional institutions, including the Eastern Caribbean Supreme Court and the Eastern Caribbean Central Bank.”

St. Kitts and Nevis Prime Minister Hon. Dr. Denzil Douglas said at the signing, “This seminal and far-reaching document will stand through history as testimony to our own maturity as a people, and it will stand as a testament of faith-our faith in each other, and of our own collective future. Come, let us step forward boldly to meet the demands of history.”


Jun 19 2010

Puerto Rico Joins the Coldwell Banker Island Affiliate Family

It is with great pleasure that we announce the addition of Puerto Rico to the growing family of Coldwell Banker Island Affiliates.

Puerto Rico has long been the gateway and hub for many of the Islands in our region. As some of you may know, Coldwell Banker Isla del Coqui is one of the largest and most successful real estate companies in the Commonwealth of Puerto Rico. Coldwell Banker Isla de Coqui has had a terrific track record for over 20 years and has been the top producing brokerage in their marketplace, with 7 offices and approximately 226 sales associates.

Coldwell Banker Island Affiliates Managing Director Jim Reed said, “With the addition of Puerto Rico to our region, Coldwell Banker Island Affiliates now boasts 51 offices and over 500 sales associates throughout the Island countries of the Atlantic & Caribbean. We are excited about the growth and the potential synergies that Coldwell Banker Isla de Coqui brings to our group. We are proud to welcome Puerto Rico to Coldwell Banker Island Affiliates.”

Coldwell Banker Island Affiliates is the Coldwell Banker Master Franchisor for the Caribbean and Atlantic Island region. For further information on Coldwell Banker Island Affiliates, please contact the Managing Director, Mr. Jim Reed, at (561) 691-8130 or email jireed@mindspring.com.

About Coldwell Banker®
Since 1906, the Coldwell Banker® organization has been a premier full-service real estate provider. In 2009, Franchise Times magazine’s prestigious Top 200 issue ranked the Coldwell Banker system number one in real estate for the ninth straight year and number eight among all franchisors. The Coldwell Banker System has approximately 3,200 residential real estate offices and more than 110,000 sales associates in 41 countries and territories around the world. The Coldwell Banker System is a leader in the industry in residential and commercial real estate, and in niche markets such as resort, new home and luxury properties through its Coldwell Banker Previews International® division. It is a pioneer in consumer services with its Coldwell Banker Concierge® Service Program and award-winning Web site, www.coldwellbanker.com. Coldwell Banker Real Estate Corporation is a subsidiary of Realogy Corporation, the world’s largest real estate franchisor. Coldwell Banker® is a registered trademark licensed to Coldwell Banker Real Estate Corporation. Each office is independently owned and operated.


Jun 18 2010

St Kitts Music Festival June 24-26

Read the full lineup for the 14th Annual St Kitts Music Festival next weekend at Top40-charts.com.

“We’re very pleased to have such a varied and electrifying roster this year,” said Senator Ricky Skerritt, Minister of Tourism & International Transport for St. Kitts. “During a time when the effects of the global economic downturn are still being felt, it is a testament to the quality of both the St. Kitts Music Festival and our tourism product that visitors continue to come to St. Kitts to enjoy this highly anticipated event as part of their leisure visit.”

Now in its 14th consecutive year, the festival attracts both residents and visitors alike and is known for featuring rising local talent alongside internationally-renowned acts. It features a mix of musical styles on the popular market, including R&B, Jazz, Hip-Hop, Reggae, Soca, Calypso, Gospel and Contemporary.

For more information about the Music Festival, visit www.stkittsmusicfestival.com. Tickets to the 14th Annual St. Kitts Music Festival are US $40 per person, per night. Gates open at 5:00pm and performances begin at 8:00pm.


Jun 16 2010

5 Things to do Before Putting Your St Kitts or Nevis Home on the Market

There are plenty of details to take care of before you introduce your home to the public ready to sell. Here are a few suggestions on how present your property as the best it can be from the day it hits the market.

1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you’ll be able to make repairs before open houses begin.

2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.

3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don’t plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.

4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.

5. Spruce up the curb appeal. Pretend you’re a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments? You can do this with a condo entrance as well. Be objective.

Call our Coldwell Banker office with your questions, and ask for a thorough market analysis before you set a price.


Jun 14 2010

Four Seasons Resort Nevis Sold at Auction

The foreclosed Four Seasons Resort on Nevis was sold by public auction May 27 to St Kitts-Nevis Resort LLC for US $86,651,000. This should expedite the re-opening of the resort and rehire of hundreds of workers laid off at the closing.

As reported by the Leewards Times, “The process was a normal foreclosure on the property by the lead lender Wachovia and that under St. Kitts and Nevis law, Wachovia was allowed to bid and did so using a Special Purpose Vehicle (’SPV’), St. Kitts Nevis Resorts LLC. The price was fixed by the Court and Wachovia bid the upset price. Therefore the new owner of the Four Seasons Resort Nevis through foreclosure is now Wachovia’s SPV ‘St. Kitts-Nevis Resorts LLC.’ The ball is now in Wachovia’s court to fund and ensure the reopening of the resort.”